SSPY vs. MGV ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Vanguard Mega Cap Value ETF (MGV)

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$80.97

Average Daily Volume

2,893

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

MGV

Vanguard Mega Cap Value ETF

MGV Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Value Index, which represents the value companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$130.99

Average Daily Volume

178,557

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	MGV
30 Days	1.37%	0.25%
60 Days	2.17%	4.33%
90 Days	4.55%	6.76%
12 Months	23.68%	30.63%

135 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in MGV	Overlap
ABBV	D	0.24%	2.02%	0.24%
ABT	C	0.06%	1.15%	0.06%
ACN	C	0.13%	0.64%	0.13%
ADI	F	0.22%	0.66%	0.22%
ADP	A	0.21%	0.33%	0.21%
AEP	D	0.24%	0.32%	0.24%
AFL	C	0.2%	0.36%	0.2%
AIG	B	0.2%	0.14%	0.14%
AMGN	F	0.24%	1.0%	0.24%
AON	A	0.04%	0.21%	0.04%
APD	B	0.05%	0.38%	0.05%
AVGO	C	0.23%	2.32%	0.23%
AXP	B	0.04%	0.78%	0.04%
BAC	A	0.12%	1.6%	0.12%
BDX	D	0.05%	0.4%	0.05%
BK	B	0.11%	0.31%	0.11%
BLK	B	0.08%	0.77%	0.08%
BMY	B	0.25%	0.61%	0.25%
BRK.A	B	0.5%	3.35%	0.5%
BRK.A	B	0.5%	1.51%	0.5%
BX	A	0.08%	0.32%	0.08%
C	A	0.13%	0.66%	0.13%
CAT	C	0.14%	1.1%	0.14%
CB	C	0.14%	0.64%	0.14%
CCI	F	0.06%	0.3%	0.06%
CHTR	B	0.47%	0.17%	0.17%
CI	D	0.19%	0.56%	0.19%
CL	F	0.41%	0.49%	0.41%
CMCSA	B	0.52%	0.93%	0.52%
CME	A	0.04%	0.46%	0.04%
COF	B	0.7%	0.31%	0.31%
COP	C	0.07%	0.71%	0.07%
CSCO	A	0.21%	1.12%	0.21%
CSX	B	0.08%	0.39%	0.08%
CVS	F	0.69%	0.46%	0.46%
CVX	B	0.76%	1.48%	0.76%
D	D	0.24%	0.14%	0.14%
DE	D	0.13%	0.63%	0.13%
DELL	B	0.17%	0.19%	0.17%
DHR	F	0.1%	1.05%	0.1%
DIS	B	0.21%	0.5%	0.21%
DUK	D	0.07%	0.51%	0.07%
EL	F	0.5%	0.03%	0.03%
ELV	F	0.24%	0.7%	0.24%
EMR	A	0.03%	0.36%	0.03%
EOG	A	0.07%	0.4%	0.07%
ETN	A	0.26%	0.76%	0.26%
F	C	0.25%	0.24%	0.24%
FCX	F	0.3%	0.42%	0.3%
FDX	B	0.07%	0.35%	0.07%
FI	A	0.06%	0.6%	0.06%
GD	A	0.16%	0.41%	0.16%
GE	C	0.17%	1.12%	0.17%
GEV	B	0.18%	0.1%	0.1%
GILD	C	0.25%	0.6%	0.25%
GM	A	0.25%	0.29%	0.25%
GS	B	0.25%	0.91%	0.25%
HCA	D	0.33%	0.43%	0.33%
HD	B	0.26%	2.33%	0.26%
HON	B	0.17%	0.78%	0.17%
HUM	D	0.26%	0.22%	0.22%
IBM	C	0.34%	1.18%	0.34%
ICE	D	0.04%	0.53%	0.04%
INTC	C	0.16%	0.52%	0.16%
ITW	A	0.17%	0.43%	0.17%
JCI	A	0.08%	0.15%	0.08%
JNJ	D	0.24%	2.26%	0.24%
JPM	B	0.13%	3.47%	0.13%
KDP	D	0.24%	0.24%	0.24%
KHC	F	0.21%	0.16%	0.16%
KKR	B	0.09%	0.5%	0.09%
KMB	F	0.42%	0.28%	0.28%
KMI	B	0.25%	0.12%	0.12%
KO	F	0.25%	1.61%	0.25%
LIN	D	0.04%	0.66%	0.04%
LMT	C	0.09%	0.81%	0.09%
LOW	B	0.26%	0.89%	0.26%
MCK	A	0.18%	0.37%	0.18%
MDLZ	F	0.18%	0.57%	0.18%
MDT	D	0.06%	0.67%	0.06%
MET	C	0.21%	0.28%	0.21%
MMC	C	0.04%	0.64%	0.04%
MMM	C	0.17%	0.43%	0.17%
MO	A	0.35%	0.5%	0.35%
MPC	D	0.49%	0.32%	0.32%
MRK	F	0.24%	1.67%	0.24%
MS	A	0.26%	0.73%	0.26%
MU	D	0.15%	0.67%	0.15%
NEE	D	0.24%	1.01%	0.24%
NKE	F	0.33%	0.31%	0.31%
NOC	C	0.09%	0.45%	0.09%
NSC	B	0.08%	0.33%	0.08%
ORCL	A	0.34%	1.63%	0.34%
OXY	D	0.07%	0.19%	0.07%
PAYX	B	0.21%	0.13%	0.13%
PEP	D	0.18%	1.35%	0.18%
PFE	F	0.24%	0.95%	0.24%
PG	C	0.42%	2.36%	0.42%
PGR	A	0.19%	0.86%	0.19%
PH	A	0.08%	0.47%	0.08%
PLD	D	0.06%	0.68%	0.06%
PM	C	0.35%	1.09%	0.35%
PNC	B	0.06%	0.35%	0.06%
PSA	C	0.11%	0.33%	0.11%
PSX	D	0.51%	0.32%	0.32%
PYPL	A	0.06%	0.46%	0.06%
QCOM	F	0.22%	1.1%	0.22%
REGN	F	0.22%	0.66%	0.22%
ROP	A	0.03%	0.35%	0.03%
RSG	A	0.18%	0.24%	0.18%
RTX	C	0.08%	0.93%	0.08%
SCHW	A	0.25%	0.57%	0.25%
SLB	C	0.35%	0.17%	0.17%
SO	D	0.08%	0.57%	0.08%
SPG	B	0.07%	0.15%	0.07%
SRE	A	0.08%	0.31%	0.08%
STZ	D	0.25%	0.24%	0.24%
SYK	A	0.12%	0.36%	0.12%
T	A	0.33%	0.91%	0.33%
TFC	B	0.06%	0.33%	0.06%
TGT	C	0.17%	0.42%	0.17%
TMO	F	0.14%	1.37%	0.14%
TRV	B	0.14%	0.31%	0.14%
TT	A	0.07%	0.51%	0.07%
UNH	B	0.26%	3.13%	0.26%
UNP	C	0.08%	0.87%	0.08%
UPS	C	0.09%	0.58%	0.09%
USB	A	0.06%	0.41%	0.06%
VLO	D	0.5%	0.24%	0.24%
VZ	C	0.33%	0.98%	0.33%
WFC	A	0.13%	1.11%	0.13%
WM	A	0.18%	0.48%	0.18%
WMB	B	0.25%	0.16%	0.16%
WMT	A	0.73%	2.07%	0.73%
XOM	B	0.77%	3.01%	0.77%

SSPY Overweight 366 Positions Relative to MGV

Symbol	Grade	Weight
SYY	B	0.75%
KR	A	0.74%
ROST	F	0.72%
TJX	B	0.72%
COST	B	0.71%
SYF	B	0.69%
DFS	B	0.69%
WBA	D	0.64%
DPZ	C	0.52%
DRI	B	0.51%
YUM	B	0.51%
CMG	B	0.5%
AAPL	C	0.5%
MCD	C	0.5%
EA	A	0.49%
TTWO	A	0.49%
L	A	0.49%
MSI	B	0.49%
SBUX	B	0.48%
MTCH	F	0.47%
META	B	0.47%
KVUE	B	0.42%
BWA	B	0.42%
CHD	B	0.42%
VST	B	0.41%
CLX	A	0.41%
APTV	D	0.4%
J	B	0.4%
PWR	B	0.4%
JBL	C	0.38%
CEG	D	0.38%
ADM	F	0.37%
BG	D	0.37%
TSN	C	0.36%
HRL	F	0.36%
HPQ	B	0.35%
BKR	B	0.35%
CRM	B	0.35%
IPG	F	0.34%
OMC	B	0.34%
HAL	C	0.34%
SNPS	B	0.34%
TMUS	A	0.33%
ATO	A	0.33%
GRMN	A	0.33%
TPR	B	0.33%
NI	A	0.33%
NRG	B	0.33%
CDNS	B	0.33%
AES	F	0.32%
AWK	D	0.32%
UHS	D	0.32%
RL	B	0.32%
MSFT	C	0.32%
LULU	C	0.31%
EXC	C	0.3%
DECK	B	0.3%
TSLA	B	0.28%
DAL	A	0.28%
UAL	B	0.28%
SWK	F	0.27%
GDDY	A	0.27%
EQIX	B	0.27%
AKAM	F	0.27%
VRSN	C	0.27%
STLD	B	0.27%
CNP	B	0.26%
HUBB	B	0.26%
ENPH	F	0.26%
NUE	C	0.26%
PEG	C	0.26%
HAS	D	0.26%
CNC	F	0.26%
NVR	D	0.26%
DLR	C	0.26%
LEN	D	0.25%
NEM	F	0.25%
DTE	D	0.25%
CTLT	D	0.25%
MOH	F	0.25%
EIX	C	0.25%
ZTS	D	0.25%
SNA	A	0.25%
PHM	D	0.25%
LUV	B	0.25%
MNST	B	0.25%
ETR	B	0.25%
TAP	B	0.25%
INCY	B	0.25%
RJF	A	0.25%
MRNA	F	0.24%
DHI	F	0.24%
TRGP	B	0.24%
OKE	A	0.24%
FE	D	0.24%
VTRS	B	0.24%
ED	D	0.24%
BIIB	F	0.24%
PLTR	B	0.23%
CPRT	A	0.23%
ON	F	0.23%
GOOGL	B	0.23%
GOOG	B	0.23%
TXN	C	0.23%
LLY	F	0.23%
VRTX	B	0.23%
NXPI	F	0.23%
PAYC	B	0.22%
TYL	B	0.22%
NFLX	A	0.22%
LW	C	0.22%
EBAY	C	0.22%
AMZN	A	0.22%
DAY	C	0.22%
NOW	A	0.22%
MPWR	F	0.22%
FFIV	A	0.21%
KEYS	C	0.21%
ANET	C	0.21%
PFG	C	0.21%
AOS	F	0.21%
MKC	D	0.21%
QRVO	F	0.21%
SWKS	F	0.21%
SJM	F	0.21%
GIS	F	0.21%
CAG	F	0.21%
ALL	A	0.2%
GL	B	0.2%
IEX	B	0.2%
IR	A	0.2%
JNPR	D	0.2%
PARA	C	0.2%
CPB	F	0.2%
PRU	B	0.2%
INTU	A	0.2%
AIZ	A	0.2%
ERIE	F	0.2%
HSIC	F	0.2%
FSLR	F	0.2%
MHK	D	0.19%
APH	B	0.19%
XYL	D	0.19%
CAH	A	0.19%
TEL	B	0.19%
HPE	B	0.19%
MAS	D	0.19%
WBD	B	0.19%
PNR	A	0.19%
BLDR	D	0.19%
GLW	C	0.19%
BBWI	C	0.19%
HSY	D	0.18%
CTAS	A	0.18%
AMAT	F	0.18%
CRWD	B	0.18%
EQT	B	0.18%
ROL	B	0.18%
COR	A	0.18%
K	A	0.18%
ADSK	A	0.17%
TER	F	0.17%
ANSS	B	0.17%
DG	F	0.17%
FTNT	B	0.17%
DOV	A	0.17%
NTAP	D	0.17%
GEN	A	0.17%
BBY	D	0.17%
WY	F	0.17%
CTRA	B	0.17%
MLM	B	0.17%
DLTR	F	0.17%
PTC	B	0.17%
VMC	B	0.17%
KLAC	F	0.17%
STX	D	0.17%
ULTA	C	0.17%
WDC	D	0.17%
PANW	A	0.16%
ADBE	C	0.16%
DVN	F	0.16%
BA	F	0.16%
LH	A	0.16%
TXT	C	0.16%
DGX	A	0.16%
TECH	B	0.15%
SMCI	F	0.15%
A	F	0.15%
GPC	D	0.15%
WAT	A	0.15%
MTD	F	0.15%
WRB	B	0.14%
MCHP	F	0.14%
AZO	C	0.14%
IQV	F	0.14%
URI	B	0.14%
CINF	A	0.14%
ORLY	A	0.14%
CRL	C	0.14%
HIG	C	0.14%
ACGL	D	0.14%
AMD	F	0.14%
KMX	C	0.14%
EG	D	0.14%
LKQ	D	0.14%
BALL	D	0.13%
FAST	A	0.13%
PCAR	B	0.13%
CDW	F	0.13%
AMCR	D	0.13%
AME	A	0.13%
POOL	D	0.13%
EPAM	B	0.13%
CTSH	A	0.13%
ZBRA	A	0.13%
WAB	A	0.13%
IT	A	0.13%
NVDA	B	0.13%
LDOS	B	0.13%
STT	B	0.12%
HLT	A	0.12%
MAR	A	0.12%
ABNB	C	0.12%
STE	F	0.12%
EXPE	B	0.12%
ISRG	A	0.12%
ZBH	C	0.12%
GWW	B	0.12%
TSCO	C	0.12%
ARE	F	0.11%
VTR	C	0.11%
WELL	B	0.11%
EXR	D	0.11%
DVA	C	0.11%
CPT	C	0.11%
BR	A	0.11%
DOC	C	0.11%
BXP	D	0.11%
BKNG	A	0.11%
HST	C	0.11%
UBER	F	0.11%
DXCM	C	0.1%
PODD	B	0.1%
HOLX	D	0.1%
NWSA	B	0.1%
IDXX	D	0.1%
NWS	B	0.1%
ESS	C	0.1%
RVTY	C	0.1%
ALGN	F	0.1%
MAA	C	0.1%
INVH	D	0.1%
GEHC	F	0.1%
AVB	A	0.1%
EQR	C	0.1%
FOX	A	0.1%
UDR	C	0.1%
FOXA	A	0.1%
TROW	B	0.09%
FMC	F	0.09%
BEN	C	0.09%
EXPD	D	0.09%
AXON	B	0.09%
RCL	A	0.09%
CCL	A	0.09%
CHRW	A	0.09%
CF	B	0.09%
NCLH	B	0.09%
LYV	B	0.09%
IVZ	C	0.09%
RMD	C	0.09%
ALLE	D	0.08%
CMS	C	0.08%
PCG	A	0.08%
XEL	A	0.08%
HWM	A	0.08%
PPL	A	0.08%
EVRG	A	0.08%
LNT	C	0.08%
AEE	A	0.08%
CARR	C	0.08%
TDG	B	0.08%
CMI	A	0.08%
OTIS	C	0.08%
GNRC	B	0.08%
WYNN	F	0.08%
ODFL	B	0.08%
HII	D	0.08%
NTRS	A	0.08%
LHX	A	0.08%
LVS	C	0.08%
AMP	A	0.08%
MOS	D	0.08%
JBHT	B	0.08%
CTVA	C	0.08%
O	D	0.07%
LYB	F	0.07%
SW	C	0.07%
PPG	F	0.07%
FANG	D	0.07%
CZR	F	0.07%
MRO	B	0.07%
MGM	D	0.07%
DOW	F	0.07%
APA	F	0.07%
HES	C	0.07%
PNW	B	0.07%
WEC	B	0.07%
CE	F	0.07%
ES	D	0.07%
CFG	B	0.06%
HBAN	B	0.06%
FITB	A	0.06%
KEY	B	0.06%
RF	B	0.06%
MTB	B	0.06%
EW	D	0.06%
AVY	F	0.06%
BSX	A	0.06%
IP	C	0.06%
PKG	B	0.06%
REG	A	0.06%
KIM	A	0.06%
AMT	F	0.06%
FRT	C	0.06%
SHW	A	0.06%
SBAC	D	0.06%
VICI	D	0.06%
IRM	D	0.06%
FICO	B	0.05%
IFF	F	0.05%
ECL	C	0.05%
SOLV	D	0.05%
BAX	F	0.05%
TFX	F	0.05%
WST	B	0.05%
EMN	D	0.05%
DD	D	0.05%
ALB	B	0.05%
JKHY	C	0.05%
FIS	B	0.05%
BRO	A	0.04%
EFX	D	0.04%
CBRE	A	0.04%
CSGP	D	0.04%
VRSK	A	0.04%
SPGI	C	0.04%
GPN	B	0.04%
FDS	A	0.04%
MCO	C	0.04%
MA	B	0.04%
CBOE	D	0.04%
MSCI	B	0.04%
V	A	0.04%
NDAQ	A	0.04%
CPAY	A	0.04%
MKTX	C	0.04%
VLTO	C	0.03%
ROK	B	0.03%
NDSN	B	0.03%
TDY	A	0.03%
TRMB	B	0.03%
FTV	D	0.03%
AJG	A	0.03%
WTW	A	0.03%

SSPY Underweight 0 Positions Relative to MGV

	Symbol	Grade	Weight